STERLING GP (01825) Completes Placement of 69.12 Million Shares, Raises Net Proceeds of Approximately HK$6.77 Million

Stock News01-22

STERLING GP (01825) announced that all conditions under the placement agreement have been fulfilled, with completion taking effect on January 22, 2026. Pursuant to the terms of the placement agreement, the placing agent has successfully placed a total of 69.12 million shares at HK$0.10 per share to no fewer than six placees. This represents approximately 16.7% of the company's total issued share capital as enlarged by the allotment and issuance of the placement shares immediately following completion. After deducting relevant expenses, including but not limited to placement commissions, professional fees, and advances, the net proceeds from the placement amount to approximately HK$6.77 million. The net issue price per placement share is approximately HK$0.098.

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